Pakistan Fashion Forum, Govt Jobs Pakistan, Mobile, Laptop, Camera Prices in Karachi, Lahore

Go Back   Pakistan Fashion Forum, Govt Jobs Pakistan, Mobile, Laptop, Camera Prices in Karachi, Lahore > Pakistan Students Forum Club | Free Study Aboard | Scholarships | Free Notes & Study Material > Result Pakistan - All Classes Results, Subject Notes, Guess papers > 2nd Year HSC-FSC Notes - XII Class Notes > Banking
Home Admissions 2014-15 Health & Beauty Jobs Pakistan Govt Jobs Summer Dresses Cars-Bikes Prices Child Specialist Karachi

Banking Class XII Banking Notes | HSC 2 Class Notes, 2nd year Notes of Banking


Types - kinds of a cheque

Banking


Reply
Thread Tools
 
Post New Thread LinkBack Share
Old 03-18-2010, 03:21 AM   #1 (permalink)
Mind Reader
Govt Jobs Pakistan
 
Tanha Karim's Avatar
 
Join Date: May 2009
Location: █║▌│█│║▌║
Age: 29
Posts: 157,495
Country: Users Flag!
Send a message via ICQ to Tanha Karim Send a message via AIM to Tanha Karim Send a message via MSN to Tanha Karim Send a message via Yahoo to Tanha Karim Send a message via Skype™ to Tanha Karim
Default Types - kinds of a cheque


Q.11. Define the different types / kinds of a cheque.

TYPES / KINDS OF A CHEQUE
Cheque may be of different types. Some of them are

Order Cheque
Order Cheque is a which is expressed to be so payable or which is expressed to be payable to a particular person without containing words prohibiting transfer or indicating that it will not be transferable.

Open Cheque
They are payable in cash at the counter of the banks to the bearer of the cheque.

Crossed Cheque
These type of cheques are not encashed at the counter but which can be collected only by a bank from the drawer bank. But these days an individual can also draw a crossed cheque for the purpose of safety and security in certain cases.

Bearer Cheque
A bearer cheque is that which can be cashed for the bank by the bearer of the cheque. Any person who is in possession of a bearer cheque can cash it without any difficulty.

Tanha Karim is offline   Reply With Quote
Reply

Thread Tools



All times are GMT +6. The time now is 05:55 AM.


Admissions, Results, Scholarships | Health Beauty Tips | Pakistan Fashion Trends | Jobs in Pakistan | Overseas Jobs Abroad | Cars/Bikes Prices | Buy & Sell
Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

Disclaimer Friendsmania.net/forum is not responsible for any of the Articles, Comments, Reviews or User Names, as the poster of the particular Article, Comment, Review or User Name on Friendsmania.net/forum Discussion Forum.